
4 minute read
Philanthrovesting: Making an Impact and a Good Return
Philanthrovesting: Making an Impact and a Good Return
by: David Briggs
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There are three fundamental ways that most people express their generosity through social or philanthropic concerns. These ways are through:
1. Involvement
2. Investment
3. Eleemosynary or charitable givingA
ll three ways have value and when done strategically, can change lives and make a meaningful and measurable impact.O
ne way to affect change is through meaningful involvement. That simply means using your knowledge, time, and talent through volunteer service. When you other people, you not only empower or lift them to new heights, but you expand your effectiveness - multiplying and amplifying who you are and the values you hold.
Another important way to affect change is through strategic investment. It is said that, you are. An investor’s portfolio should align with their principles, all the while seeking returns. In other words, sustainable investing is a way to invest and seek the returns you expect while staying true to your values. That relates to whether you care about a cause, are driving social change, or placing your resources into companies or countries that conduct themselves in a way that aligns with your values.
There are three ways your portfolio can make a difference:1
. Exclusion – Choosing to exclude investing
2. Integration – Choosing to integrate it comes to the Kingdom, social concerns, or governance.
3. Impact – Make a measurable difference. Genuine and authentic impact are a part of the criteria for these investments.
There are 3 concerns or myths that should be addressed for those who are considering the validity of sustainable or social impact investing:
Myth #1: You sacrifice performance - The reality is, sustainable investment returns can be comparable to what you can expect from conventional ones. According to research, investing sustainably can improve returns or doesn’t harm them. The global sustainable investment market is growing.
Myth #2: You can’t measure the impact – The reality is, measured impact is a requirement of impact investing, so you can actually see the difference you are making. Even and funds are reporting their social and environmental impact.
Myth #3: You need to be an expert – The reality is, a simple way to choose solutions that align with your values is to consider funds that align with your Kingdom social impact goals. By 2023, investors expect sustainable investing to be the norm.
So, whether you use your financial resources to invest directly into social impact funds, or you have a business where you designate a portion of it's profits for corporate responsibility and purposeful social investment, or you invest strategically in in the financial markets and dedicate a certain portion of your capital gains to go towards the Kingdom social impact to which you are passionate; your investment strategy can make an incredible impact not only locally but in the global community as well.
Last but not least, you can affect change through eleemosynary or charitable giving. There are many wonderful organizations an ministries that do so much to change lives but are not designed to make money, increase financial investment, or sustain themselves financially.
There are better known as nonprofit organizations, which rely on people's munificent generosity to sustain them and their mission. Giving and partnering with these types of organizations and ministries should be a part of your overall strategic giving plan as you endeavor to reach out and make a difference in peoples lives. Let me take a moment to share with you why I believe among the many worthy organizations, Tricord is to unique. Tricord has a well-defined kingdom purpose and mission - to change the world one village at a time.
Tricord gives people the opportunity to invest their finances in Kingdom Social impact and receive a solid rate of return on their investment, all the while changing lives. Tricord has a clear and defined message of the love of God and the power of the gospel, which lifts people out of poverty and sets them among princes.
Finally, Tricord has the most generous and caring investors and partners who make up the Tricord family.